£1bn Cladding Replacement Fund

£1bn Cladding Replacement Fund

We are interested to see the Government’s latest responses to the Grenfell tragedy.

The Government had already put in place a fund of £600 million for the removal of ACM (Aluminium Composite Material) cladding similar to that used on the Grenfell building.

The new fund goes further, with the prospectus for its Building Safety Fund to address the issue of non-ACM cladding which may also pose a fire safety risk. The new fund aims to meet the cost of removing unsafe non-ACM cladding on residential buildings that are 18m and over. The Government has said it is mainly targeted at supporting leaseholders in the private sector facing significant bills.

Housing Secretary Robert Jenrick said: “I will not accept any excuses from building owners who have yet to take action and those responsible should register for the fund so that they can start the remediation process immediately. I have also reached an agreement with local leaders so that this important work can continue safely during the pandemic.”

Building Safety Minister Lord Greenhalgh said: “Now that this additional £1bn funding is in place, building owners must crack on with removing flammable cladding on all high-rise residential buildings that are over 18 metres.

If you need help identifying if your building has ACM or other materials which may qualify do contact us.